Samsung chairman urges union to settle pay dispute before 18 day strike

Published on 5 May 2026

He warns the strike could trigger capital outflows

Samsung Electronics board chairman Shin Je-yoon urged unionised workers to resolve pay disputes after a planned 18-day strike starting May 21. He warned the action could harm investors, employees and South Korea’s wider economy, including threats to Samsung’s market leadership and potential capital outflows.

Samsung chairman Shin Je-yoon appealed for an early pay-dispute settlement
An 18-day strike is scheduled to begin May 21
He warned investors and employees could face major fallout
The chairman cited risks to market leadership and capital outflows

#markets #industrial action #samsung #south korea #labor dispute

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Samsung chairman urges union to settle pay dispute before 18 day strike

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